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on the latest fiscal cliff news. >> the evening. in keeping with the holiday spirit, maerry everything and happy always. would it be that we could make the american people happy by attending to the work at hand. we just concluded a caucus. our membership is as frustrated as the american people we are sworn to serve because we understand and continue to be befuddled why we cannot bring a proposal to put the country back to work. why we cannot deal with a tax cut for the middle-class, the specially when both sides agree that the country needs to go back to work. and that we need a middle-class tax relief. the president said it well -- both on friday and today. if we cannot -- if they cannot come to agreement in their own conference, if they continue to self-destruct before our eyes in their own conference, then a minimally they have a responsibility, as the president suggested, to bring his proposal to the floor for an up or down vote on behalf of the american people. that is what we continue to focus on, putting the country back to work and the jobs that everybody knows will assist in bringing do
that fiscal cliff. tonight, the news is not good. negotiations are at a stand fall. autria godfrey has been following developments all day long. >> just a short time ago we were told that talks to to a screeching halt. vice-president joe biden talking with the senate republican leader mitch mcconnell this afternoon. perhaps proof of how dire the circumstances are, president obama took to the sunday show, potentially setting when we careen off the cliff, and in congress. less than 48 hours from falling off the cliff, president obama is putting the blame on republicans. >> the offers i have made them are so fair that a lot of democrats get mad at me. >> on his first sunday show appearance since 2009, the president said just a day ago that he was optimistic that a short-term deal could be reached. now, not so much. >> what we're seeing here is a monumental failure of presidential leadership. >> the better back-and-forth continues to be over how to cut spending and what the income threshold to be for who gets a tax hike. >> what i am arguing for is maintaining tax cuts for 90% of americans. i d
month's payment on any new volkswagen. visit vwdealer.com today. >>> this whole fiscal cliff mess shows how out of touch you are with the way that people live in the country. you are off in la-la land and people are saying that you are are acting like a bunch of spoiled brats who are more interested in being right than in doing the right thing and actu actually representing the people who elected you. >> more interested in being right than in doing the right thing. you know, don, i'm not one of the guys who piles on with the mob and hates politics and hates washington, but people are frustrated and i have trouble finding fault in their frustration at all. welcome back, everybody, to the special coverage of the fiscal cliff negotiations. don and i will stick with you while we follow what is going on. take a look at what is going op at the capitol and pretty picture, and i hope they are getting work done in there. lawmakers are getting work done and they are filing in for the roll call. you don't want to leave it for the last minute. the talks are aimed at preventing us from going over th
. >> for more on the fiscal cliff we have you covered. go to abc2news.com. head to the home page slide show for breakdown of what difference scenarios in -- difficulty scenarios in washington -differ scenarios in washingtoncould different scenarios could mean in washington. >>> look at the flames shooting from this house. investigators say a 4-year-old saw the fire and told his grandmother because his parents were not home. man inside tried to put it out- - -- a man inside tried to put piet out but the flames were too intense. no one was injured but the fire caused more than $100,000 worth of damage to the house. >>> a 33-year-old man was shot in the head overnight in north west baltimore. police were called to the 5300 block of cord -- kordellia avenue did -- cor deli-a. dough- - cordelia if you have any information on this case, contact baltimore city police at 410-396-2466. >>> a 15-year-old boy was shot during a robbery in baltimore county last night. it happened around 9 near the corner of windsor mill road and meadowview drive. police came to the scene and found the boy bleeding with
. happy new year. welcome to the ""wall street journal" report. the fiscal cliff, the taed line and what it means. we'll look ahead, we'll look back, our all-star panel on the big news that hasn't happened yet if preview of the big stories and trends for 2013. and then we will hit the highlight reel. my interviews with the most important, influential and interesting people of the past year. the wl journal report begins right now. >> this is america's number one financial news program, the "wall street journal" report. now, maria bartiromo. >> all that ahead, but first, here's fill griffith with the look at the stories making headlines this week. >> thanks, maria. here's what's making news as we are heading into a new week and new year on wall street. congress is working the weekend, attempting to avert some part of that $6 billion in automatic tax increases and the spending cuts that are set to kick in on january 1st. that fiscal cliff and its potential impact on our economy brought lawmakers from both houses to washington for last-minute negotiations. concerns about the cliff spooked in
from the fiscal cliff. sources tell nbc news party leaders in the senate are drafting a small stop-gap plan. the question is whether minority leader mitch mcconnell and majority leader harry reid can draft a bill that will pass the house. any bill that does come up for a vote tomorrow or monday will likely not address massive spending cuts but lawmakers are trying to avoid tax increases for most americans. nbc's david gregory talked to president obama about negotiations today in an interview that airs on "meet the press" tomorrow. the president continues to be optimistic but he, i think, in part is doing the interview on "meet the press" because he wants to keep the pressure on republicans to get something done and made very clear in the course of the interview that there's a political cost to be paid if there is not a deal. you can see the full interview with the president from the white house tomorrow morning on "meet the press" at 10:30 right here on nbc 4. >>> some good news for former president george h.w. bush tonight. he's out of intensive care. the 88-year-old's been in the
senator thune. a fiscal cliff deal is a new way calculating inflation that would lower social security payments. democrats say they would do it as part of much bigger deal but it was off the table for the smaller deal they are working on. so democrats called it a poison pill. >> at some point, negotiating process, it appears there are things that stopped us from moving forward. i hope we're not there, but we're getting real close. that is why i still hold out hope we can get something done, but i'm not overly optimistic but i'm cautiously optimistic. >> chuck schumer from new york continues to say the things, meaning a deal, always happens at the end. >> gregg: we'll probably hear about the change of cpi which is basically a new way of calculating an index the cost of living and slowing down the growth of sbph like social security. we'll probably hear about. mike, thanks very much. >> arthel: we're going to the white house where president obama is holding firm to his demand and blaming republicans for the failure to reach a deal. the president also appearing on a political talk show th
evening. lawmakers are making a last- ditch effort to find a way to avoid falling off the fiscal cliff. the deadline is looming on new year's day. tonight there is no sign that leaders are closer to agreeing on a deal. >> with time running out, staffers huddled behind closed doors against the backdrop of a snowy capital, trying to hammer out a last-minute deal. president obama pushed lawmakers to act. >> we cannot let washington politics get in the wake of america's progress. >> the president met with top party leaders friday calling on them to allow a vote on his plan would raise taxes on those making more than $250,000. >> i believe such a proposal could pass both houses with majorities, as long as these leaders allow it to come to a vote. >> roy blunt delivered the response, criticizing the president's proposal. >> the president's proposal to raise taxes on the top 2% will not only pay 1/3 of the interest owed on this massive $16 trillion debt. >> sources say senate leaders harry reid and mitch mcconnell are drafting a small stopgap plan that could include extending unemployment ins
, not just right now with the fiscal cliff, but in the new year when a whole host of other issues come to visit us. so, with the new year just days away but the change of the calendar year comes lots of changes in state laws. here's what we're going to be looking at, here's a look at what will be legal and illegal in the new year. >> well, alison, some laws made headlines. gay marriage was passed in maryland and maine and the recreational use of marijuana was passed in colorado and washington state. wait, there's more. much more. let's start with the laws that take effect on january 1st. so, in illinois and california, employers may no longer force their employees to post their accounts. speaking of job seekers, let's check out oregon. employers are not allowed to advertise a job listing in that state unless they are willing to hire the unemployed. in iowa, arsenic is banned in chicken feed. in california, this one made headlines, too. that state is now banning the treatment aimed at changing the sexual orientation of anyone under the age of 18. and on the othlighter side, a n law in i
the effects of the cliff on january 4 when the new congress is in town. >> if america does fall off the fiscal cliff, maryland would be hit hard. hundreds of millions of dollars and tens of thousands of jobs lost. sarah sampson continue our coverage. >> maryland has very strong ties to the federal government. lots of federal workers and businesses that rely on the federal workers. all of them are keeping a close eye on negotiations. according to a report earlier this year by the state department of legislative services, maryland stands to lose 53,000 jobs in 2013 if lawmakers cannot come to an agreement. the state will also lose tax revenue estimated at about $260 million for 2013. if the cuts go through, the state will lose $117 million in federal funding for 2013. that is money the state has already factored into its budget. >> it is gone to affect social service programs -- it is going to affect social service programs as well as some of our defense contractors in maryland. it is going to adversely impact our low income households as well as some of our higher and households. >> the first t
for the top of the news of this special edition. no senate vote on the fiscal cliff tonight. that just from majority leader harry reid. they cannot agree. cannot agree on a counter offer at this point from the democrats. after a day of last minute negotiations to avoid tax hikes and spending cuts set to go into effect the day after tomorrow. chief congressional correspondent mike emanuel very busy tonight. it's almost coming apart. >> that's right. there's a lot of dis agreement on both sides. republicans say they would like to see any tax revenue that comes out of a fiscal cliff deal used to pay down our trillion dollars deficits. retiring republican senator from arizona, jon kyl, said the democrats want to spend $600 billion and he believes the new tax revenue will be about the same am. to he says not solving anything. for from senator to an today. >> raising taxes to pay for new spending is not something republicans believe this debate ought to be about. it ought to be about reducing the deficit and debt. they're suggesting we want new taxes, higher taxes on people in this country to pay
. that's the fiscal cliff. we reach the brink in two days. let's go live now to dana bash on capitol hill. because of news of a setback. dana, what do we know? >> that's right. we got this word from democratic sources about a half an hour ago. maybe a little bit more. that they consider a major setback to be going on right now. a poison pill, something that the republicans offered last night and democrats rejected today. it's called technically chain cpi, the buzz word for it. what it means for real people and real terms, would be that social security recipients would see smaller checks on a monthly basis and that's why democrats are saying that this is a nonstarter. the president did propose this to the house speakers as part of a larger deal. he even talked about it again this morning on nbc, the president. but democrats are saying that they simply do not see this in this miner, smaller mini deal. they don't want to deal with the entitlement issue at all until a later date when they can deal with it in a broad sense. here's an example of what we heard a half hour ago from the republican
. we have to take a quick break. the fiscal cliff has the president sounding like new york yankees legend yoeg gi ber ra. >> this is deja shz vu all over again. americans want to know why you can't get stuff down in an organized timetable. >> so if we all saw it coming, why did congress wait so long to do something about it? why do toys for tots and hasbro trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon health probiotic cap each day helps defend against these digestive issues with three strains of good bacteria. approved! [ female announcer ] live the regular life. phillips'. >>> we are back. let me just go back to one point, and that is there are people sitting around wondering whether their taxes will go up. i want to ask you again about the chances of you think of something passing. senator lindsey graham thinks the chances are exceedingly good and, quote, the presiden
out on new year's eve. plus we are on fiscal cliff eve watch. >> these are my kids. say bye to clayton. they can't get into the studio on new year's eve. >> i will not see you kids any more on the show. >> deal or no deal. captioned by closed captioning services, inc. >>> we start this morning with a fox news alert from the nation's capital. you know, the final 48 hours ticking away to the fiscal cliff deadline. will there be a deal or will the $500 billion in spending cuts and tax hikes actually kick in? right now, negotiations going on behind closed doors. this while president obama has joined leaders in it both parties to make the case to the american people by appearing on the morning public affairs programs this morning. both sides pitching their proposals. but at this late point, some say any chance that congress has of averting the fiscal cliff will take serious late night legislative wrangling. good morning. i'm eric shawn. i'm heather childers in for jamie colby. without a deal the countdown to 2013 also a countdown to smaller pay checks for nearly all americans as the fiscal
tactics with regard to the fiscal cliff negotiations reflect a new understanding of how he is going to try and conduct his own business going forward. i am not optimistic, and hopefully we can get closer to that point, but look at where we are right now and we still don't have it. >> we have a lot more to get to after the break, so stick around on >>> hi, i am angie goff. here are some of the stories we are following this morning. it's do or die for the redskins as they face the cowboys tonight at home at fedex game. a win means a spot in the playoffs, and a loss means they will have to claw their way there. kickoff is at 8:20 here on nbc 4. metro will be open an extra hour because of the redskins game. meantime, track work is at a minimum this weekend. and tonight red line lanes will single track. and the emancipation praubg law indication goes on display. we will have more news later, but for now back to "viewpoint." >> i want to talk if we can about nonprofits, mary's center, who deal with family and kids every day on the health care and jobless and homeless front. what kind of times ar
tomorrow here on c-span. >> more news on the fiscal cliff negotiations. according to the hill, president obama monitor talks from the white house and has indicated he would support legislation that would raise taxes on those who earn more than $400,000. harry reid has scheduled a democratic caucus meeting for tomorrow afternoon to discuss any potential deals. minority leader mitch mcconnell says he would do the same period in the house, speaker john boehner has said the senate must act first on legislation to avoid the so-called fiscal cliff. >> tomorrow on washington journal, the latest on the so- called fiscal cliff. with local columnist -- with roll call columnist. followed by a look at president obama's cabinet for a second term. our guest is david jackson. then a look at what is next. we are joined by michael gordon. washington journal, live at 7:00 eastern on c-span. >> tomorrow on newsmaker, indiana rep elect luke messer. he will talk about the 130 congress and his priorities at the incoming republican freshmen class president. join us sunday at 10:00 eastern and then later at 6:0
the fiscal cliff. we are within 72 hours of the deadline, and tonight the new developments. in the wake of the shooting at sandy hook elementary, gun sales are on the rise. what is driving the spike? and the growing number of teachers who are looking to arm themselves. also, one man's trash becomes a child's musical treasure. you'll meet the children's orchestra that plays instruments recycled from garbage. >> i'm harris falkner. they are actually negotiating on capitol hill just as economic analysts say we are about to go over the so-called fiscal cliff, the punishing combination of higher taxes on just about every worker in america and deep spending cuts particularly to our military. top lawmakers are calling in staff members for meetings on this saturday. right now we are told senate leaders are working on a potential deal. still our journalists on the hill are being told there will be no official proposals or votes until tomorrow at the very earliest. the time line qoo -- could not be tighter. we will begin seeing lower tax rates expiring and federal aid for things like unemployment
they are trying to put together a plan to help us from all going over the fiscal cliff. we are within 72 hours of the deadline, and tonight the new developments. in the wake of the shooting at sandy hook elementary, gun sales are on the rise. what is driving the spike? and the growing number of teachers who are looking to arm themselves. also, one man's trash becomes a child's musical treasure. you'll meet the children's orchestra that plays instruments recycled from garbage. >> i'm harris falkner. they are actually negotiating on capitol hill just as economic analysts say we are about to go over the so-called fiscal cliff, the punishing combination of higher taxes on just about every worker in america and deep spending cuts particularly to our military. top lawmakers are calling in staff members for meetings on this saturday. right now we are told senate leaders are working on a potential deal. still our journalists on the hill are being told there will be no official proposals or votes until tomorrow at the very earliest. the time line qoo -- could not be tighter. we will begin seeing lower
of california, and 250 will be a big pill to swallow. this is a fiscal cliff that we can have 50 days, 60 days down the road. it does not fix the problem if you ill have these taxes on $250,000 and above. as rich edson said, this is going to be another deadline in congress has to have. i think everyone needs to get comfortable with the fact that we are going to have these kinds of stopgap last-second deals. gerri: okay, let's get tyler in here too, are republican strategist. is there any common ground can be found here? i mean, this seems to me like a last-ditch effort. let me tell you what it when it was announced today that there was going to be a meeting at 3:00 o'clock from expectations went through the roof. i think people thought something really big was going to happen at the end of the day. e president s saying that he is modestly optimistic. maybe you would be something by december 31. what do you make of it? >> he is modestly optimistic about no new changes here. youknow, the country needs a leader. no matter what party you are from, that is what we need. that's what we need in the p
ticking toward the fiscal cliff, it is crunch time on capitol hill. ♪ >> chris: as the new year rings in, we are headed to a major financial hangover. what happens if big tax hikes and spending cuts take effect? will washington come up with a last-minute compromise? plus, where are we headed on new demands for gun control? and, will we ever get all of the answers to the benghazi terror attacks? we'll cover a lot of ground when we sit down with two leading senators: democrat dianne fein and republican lindsay graham. also with 2012 in the rearview mirror we look ahead to 2013. our sunday panel weighs in on what we'll be talking about in the coming year. all, right now, on fox news sunday. ♪ >> chris: and hello, again from fox news in washington. well, it turns out the fiscal cliff is going to be a cliff-hanger. with less than two days until the new year, senate leaders are still trying to work out a deal, to avoid tax increases on almost every american. but, any compromise will do close to nothing about our debt problem. joining us now, to discuss what kind of deal they will and won't v
lawmakerrers in closed-door meetings on the fiscal cliff. an update via twitter from chad pilgrim of fox news, reid's remark that he had made a counteroffer was off-the-cuff response and that there was no counteroffer, and "the washington post" quoting senator joe lieberman saying he'd be shocked if a deal was struck today. we'll bring you continuing updates. for now, back to booktv programs. [applause] >> well, i actually left my cave. in the mornings i get up, and it's early dawn, and i have a desk for writing and a desk for drawing. and, actually, i sort of like the drawing the best. and i work, and the next thing i know letterman's on. so it's just the most exciting adventure. of i've had ten books and, believe it or not, it's very scary, i am 30 ahead that i haven't even shown. all illustrated. i'm just having such great time doing this stuff. so they asked me when i came here what did i, what were my prerequisites for writing a book. and it's got to be simply if i say i'm going to write it, if it takes 15 years -- i've had books take that long -- i'm going to finish. the other one is th
to the firestorm in the nation's capital and the last-ditch effort to avoid falling off the fiscal cliff. the deadline is looming new year's day. here's brian mooar with the big story this morning. >> as senate leaders were behind closed doors, president obama and republicans issued dueling messages on the web. >> we can't afford a politically self-inflicted wound to our economy. the economy is growing. but keeping it that way means that folks you sent to washington have to do their jobs. >> if the nation goes over the fiscal cliff next tuesday, each side blames the other. >> we can avoid going over the fiscal cliff if the president and democrat controlled senate step forward this week and work with republicans to solve this problem and solve it now. >> all over the country now, uncertainty is in the air. >> it's not a matter of am i going to pay my light bill or not but will it deplete my savings. problem and solve it now. >> all over the country now, uncertainty is in the air. >> it's not a matter of am i going to pay my light bill or not but will it deplete my savings. >> even if the
viewers here in the united states and around the world. breaking news on the fiscal cliff. there's been a significant snag in the negotiations with just fewer than two days remaining to go. about 36 hours remaining on the countdown clock. dana bash is on capitol hill with latest. dana, what have you got? >> this kbifs you a good sense of where things stand. they're at a standstill. you see a lot of reporters milling around. it's behind this wall that you can't see. the democrats, all senate democrats are meeting now, getting a briefing from the senate democratic leader, harry reid and down this haul, which you can't see from here, the same thing is going on with republicans. at the podium we hope to hear from senate majority leader, harry reid. in terms of where things stand, they're frozens it goes. earlier today, we explained that the reason from the democrats point of view is that they got an offer from republicans that includes what was known as chained cpi, which you've been explaining means social security checks would be smaller for social security recipients, which is something
christmas. lawmakers left for the holiday with the country on the edge of the fiscal cliff. danielle nottingham, cbs news washington. >> it was quite a year. we've going to -- we're going to have more reviews in the last hour. at 8:45 we will take a look at the international news stories of 2012. that is going to be on the cb channel 44, cable 12. >>> for the moment let's look ahead. mcathy labs expects hacking to mobile devices to expand. they might that stuff. the company is especially concerned about so-called ransom ware. it's a type of virus that locks up a phone or tablet and threatens to keep it that way until a ransom is paid. other concerns for mobile customers include trojan horse programs to buy apps without user permission and the hacking of digital wallets. a decline in attacks by hackers because their technical sophistication has grown. >> that's quite the target. >>> it's a murder that even a big city like new york everybody is in shock. >> the arrest of a man pushed to his death at a subway station. ,,,,,,,,,,,,,, a man in front of a subway >>> a woman in new york has
>>> this weekend is about the battle of the countdowns, the countdown to the fiscal cliff and the countdown to kickoff at fed ex field. thank you for joining us for the news at 10. i'm maureen umeh. attention-filled weekend as lawmakers try to beat the fiscal cliff clock and the redskins host the cowboys in one of the most crucial games of the season. we'll get to those stories in a moment. first, it was not quite the winter wonderland many of us hoped for. for a few hours, many of us saw the snow make an appearance today and now that most has turned to slush, forecasters are worried that near-freezeing temperatures could make for a dangerous situation on the road. tucker barnes has more. >> reporter: could be a couple of icy spots out there late, particularly north and west and we got the snow during the day anywhere between a trace and maybe two inches, if you have to the west of the city. let's go to the maps then, again, the system new winding down. you can see the last of it. there you go. pushing up now north and east of new york city. and still some leftover snow in
. they hope to have more gun buybacks in the new year as well. >> the deadline for avoiding the fiscal cliff is getting closer. president obama says he is optimistic. >> time is running out. congress needs to reach an agreement to prevent the country from going over the fiscal cliff with the deadline just days away. president obama said in his weekly address that reaching a deal will not be easy. politics can get in the way. >> we just cannot afford a politically self-inflicted wound to our economy. the economy is growing. keeping it that way means that the folks to send to washington have to do their jobs. >> senator mitch mcconnell was seen arriving on capitol hill hours after congressional leaders met with obama. >> we will be working hard to see if we can get there in the next 24 hours. i'm hopeful and optimistic. >> missouri senator ray blunt says that politicians on both sides have irresponsibility, but tax hikes will not do much to address the nation's debt. >> it will not pay one-third of the annual interest now on this massive $16 trillion debt. >> the house returns to washington su
out the fiscal cliff is going to be a cliff-hanger. with less than two days until the new year, senate leaders are still trying to work out a deal, to avoid tax increases on almost every american. but, any compromise will do close to nothing about our debt problem. joining us now, to discuss what kind of deal they will and won't vote for, are two key senators, democrat dianne feinstein and republican lindsey graham. senators, welcome back to fox news sunday. >> thank you. >> good morning. >> chris: senator graham, a couple of days ago you said you thought we were going to go over the fiscal cliff and now we are in the midst of a lot of last-ditch bargaining between the senate leaders, reid and mcconnell, what are the chances for a small deal in the next, less than 48 hours to avoid the cliff. >> exceedingly good. i think people don't want to go over the cliff, if we can avoid it. i think, whatever we accomplish, political victory to the president, hats off to him, he stood his ground and will get tax increases, maybe not 250 but upper income americans and the sad news is we have accomp
. >> in addition to working on a deal on the fiscal cliff president obama has ordered 50 u.s. troops to the african country of chad to help evacuate american citizens and embassy personnel from the neighboring countr rebel forces are approaching the city. the president said it is a deteriorating security situation. the evacuation comes in the wake of criticism of the obama administration's in telling -- handling of the situation in libya. >> former president george h. w. bush is out of the intensive care unit into a regular hospital room tonight. he had been in the hospital since november 23 from a bronchitis-related costs. he was moved to intensive care before christmas after developing a fever. he is the country's oldest living president. >> new information into a plane crash that killed four people in russia. what happened to another airplane from the same airline just days ago. >> why an attorney for a new town massacre survivor says the state of connecticut is to blame. if >> how of >> we're learning more tonight about the crash of a russian airplane in moscow. four people were killed after th
in the clubs. one person knew what the fiscal cliff was. >> thank you. happy new year. >> happy new year, don. >> this week's moment next. why should saturday night have all the fun? get two times the points on dining in restaurants, with chase sapphire preferred. good afternoon. chase sapphire. (push button tone) this is stacy from springfield. oh whoa. hello? yes. i didn't realize i'd be talking to an actual person. you don't need to press "0," i'm here. reach a person, not a prompt whenever you call chase sapphire. and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! you can't have a todd, but you can have your own personal assistant. i guess you could call it todd. [ male announcer ] the new nokia lumia 920 with live tiles that deliver what you want in real time. only from at&t. rethink possible. that deliver what you want in real ti
. i bring it up in the clubs. one person knew what the fiscal cliff was. >> thank you. happy new year. >> happy new year, don. >> this week's moment next.
to midnight, we're counting down to the so-called fiscal cliff. if congress does nothing, taxes go up on everyone. mike emmanuel has more. >> reporter: lawmake -- lawmakers return to capitol hill in a last-minute attempt going over the fiscal cliff. congressional leaders are looking to avoid tax hikes on most americans but key disagreements on eptitlesments and tax rate thresh finds remain. president obama's original plan called for increasing taxes on families earning more than $250,000 now $400,000 could be a number on the negotiating table. >> the $400,000 level seems to me to be with about right. that represents about the top 1% of income earners in the country and is they got knee% of the growth and there is some flexibility there. >> reporter: the republicans say the u.s. is not facing's revenue problem. >> i feel like i'm a lifeguard and we have to save as many people from drowning and higher taxes as we can. >> reporter: in the weekly address to the nation, president obama urged congress to do something. >> we can't afford a politically self-inflicted wound to our economy. >>
of the names of those that we lost this year. ♪ ♪ >> coming up next on 11 news, the fiscal cliff firestorm rages hill as house lawmakers meet today. >> a burglar breaks into a woman's house. she fears his return. >> strong winds and lake-effect snow showers out there. we'll tell you what's
, i guess the good news is that i'm rising today not to speak about the fiscal cliff, but what i'm speaking about is not good news because it deals with the tragic events that occurred in benghazi, libya, on september 11th when -- >> we are watching senator joe lieberman of that's joe lieberman talking about the fiscal cliff issue. let's go to luke russert, who is in washington following all of this as it somewhat progresses, or not. what is the latest that you're hearing? >> well, if i was not mistaken, harry reid said they would meet tomorrow morning at 11:00 a.m., which leads me to believe that doing anything tonight is probably not a possibility. obviously we'll have to check that. but talking to folks around the building, there are a few things that have come up. i spoke to senator conrad of north dakota. he was very adamant saying the republicans wanted to much in regard to the estate tax. democrats want to extend that, up to 35% of an estate. the most interesting thing i found out, i talked to one high ranks republican member and they said we're preparing our members that
." >> chris: and hello again from fox news in washington. well, it turns out the fiscal cliff is going to be a cliff-hanger with less than two days until the new year, senate leaders are still trying to work out a deal to avoid tax increases on almost every american. but any compromise will do close to nothing about our debt problem. joining us now to discuss what kind of deal they will and won't vote for are two key senators. democrat dianne feinstein and republican lindsey graham. and senators, welcome back to "fox news sunday." >> good morning. >> thank you. >> chris: senator are graham, a couple of days ago you you said you thought we were going to go over the fiscal cliff. now, we are in the midst of a lot of last ditch pa bargaining between the senate leaders reid and mcconnell. what do you think of the chances for a small deal in the next less than 48 hours to avoid the cliff? >> exceedingly good. i think people don't want to go over the cliff if we can avoid it. i think what have we accomplished? political victory for the president. he stood his ground and he will get tax rate
new. but if the u.s. government goes over the fiscal cliff, they could get even longer. according to one congressional analysis, the transportation security administration would lose more than $640 million in funding, roughly 7% of out budget. t.s.a. with would also lose over 7,000 security officers. safety would not be compromised. the passenger misery would increase. >> it could be a severe impact on the traveling public. instead of maybe one hour, you may be there two or three hours before. >> reporter: long lines would be the least of the problems. under the mandatory cuts of the fiscal cliff, the federal aviation administration would lose $800 million, and more than 2,000 air traffic controllers. fewer controllers mean fewer planes moving passengers and cargo. warns the air traffic controllers association. >> fb's pocketbook and livelihood is tied to the aviation system, so the impact of the aviation system not being able to provide the service that they do today would be devastating. >> reporter: if washington can't reach a compromise, the economic recovery could stall. if w
to avert the fiscal cliff included $50 billion in new infrastructure spending. that as we know landed with a thud among congressional republicans but despite that reaction, it doesn't seem like the president is backing down. >> the second thing that we've got to do is stabilize the economy and make sure it's growing. part of that is deficit reduction, part of it is also making sure that we're investing, for example, in rebuilding our infrastructure which is broken. >> i'm joined now by two republican lawmakers wyoming senator barrasso of wyoming, we just said, and idaho congressman raul labrador. thank you for joining us. let's talk first about new spending. investment generally means you want to put more money into infrastructure, bridges, roads, schools, things like that. is that something that you all might go along with? is that a nonstarter? >> it's a nonstarter. the president really, and you have pointed to the problem, the problem in this country is we have a spending problem. that's how we ended up with $16 trillion in debt and yet the president doesn't talk about ways to mini
cliff. good morning on this sunday morning. >> i'm heather childers. welcome to a brand-new edition of america's news headquarters. there is still no concrete plan on the table. instead, lawmakers have given themselves by 3:00 p.m. today to come up with a compromise agreement that will have enough support to survive both a vote in both houses of congress. chief white house correspondent ed henry is live with more. >> good morning. interesting because the president, in his first sunday show, tv appearance since 2009, when he was pushing health care reform and went on "meet the press" to pound a message over and over, that in his estimation, the onus is on republicans over the next 24 to 48 hour, basically saying, if they don't put together that bipartisan deal in the senate that you just mentioned, they should have a vote in the house and in the senate on the president's stop-gap measure to extend unemployment benefits and extend tax cuts, only for those making $250,000 or less. the president suggesting, playing the blame game, saying, if the republicans don't hold a vote on his plan
sweeper's coat. happy new year from germany. >>> regarding the impending fiscal cliff, we have seen a lot coming from washington, but what about the boss? and by that i mean the american people, and they are angry. josh levs is covering that part of the story and he joins us now. >> yes, we are seeing a lot of frustration and anger, and that is a big part of the story in the country right now. we are following a lot of the developments and reading the tea leaves in washington, but the fact is that around the country, the mounting frustration and concern about what could happen to you and your taxes and a lot of people are sounding off. we have been getting a lot of videos today and ireport, and take a look at this one. >> my mes sang to all of washington for the new year is partisanship aside and working on fixing this mess that you have gotten us into. and bring a ball lapsed budget to the table and fix it in the long term and not the short term. >> this one struck me today because it got us thinking to the young people in the country and what the message the congress is sending to the y
on any new volkswagen. visit vwdealer.com today. >>> this whole fiscal cliff mess shows how incredibly out of touch your the way people really live in this country. you are off in la la land and everyone is saying how you're acting like a bunch of spoiled brats who are more interested in being right than in doing the right thing and actually representing the people who elected you. >> my new year's message to washington is this, there are not enough wealthy people or corporations to keep you in office. in that light, please simply grow up, govern, but most importantly, support middle class policies. >> americans, as you can see, are clearly very frustrated with lawmakers. at this moment, there are no deal yet to be reported when it comes to trying to keep your taxes from going up. government spending for things like education, research and investments in infrastructure will also take a big hit. but my next guest says that our defense department is in a much better position to endure a hit like that. lawren lawrence korb joins me in washington. he's former assistant secretary of defense
. >> they are trying to find a last minute compromise to keep us from going over the fiscal cliff, respect senator olympia snowe is saying that it's a bigger sign of a bigger crisis. >> what is deeply troubling is you cannot get congress and the president to reach any agreement on anything. >> the latest on the fiscal cliff negotiations in a few minutes. a 31-year-old woman has been charged with second degree murder as a hate crime in connection with a subway death in new york city. they identified the woman as erica ericamenendez in new york. the victim was a store owner and graphic designer. witnesses described a womani pacing the platform and talking to herself before pushing the victim on the tracks as a train entered the stadium. the video shows a woman running from the scene. a airliner smashed into a highway in russia. four of the crew were killed, no passengers were on board and no one on the highway was injured. it was arriving when it over shot the run way. a lot of celebrating early this morning in portland, maine, the first same sex couple said i do under a new state law that took effe
, happy new year. >> thanks. >>> in a moment, the latest word from the hill on the last ditch fiscal cliff negotiations. a negotiator will join us on why it has come down to this. you are watching weekends with alex witt. the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more flash. [ southern accent ] 50 percent more taters. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. 50% more spy stuff. what's in your wallet? this car is too small. c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for romance? and your mood is on its way down. you might not just be getting older. you might have a treatable condition called low testosterone or low t. millions of men, forty-five or older, may have low
to avoid the fiscal cliff. it is unclear if any can get enough votes to pass conference. -- congress. president obama says he's optimistic a compromise can be found. >>> across india today, a nationwide protest took a new heartbreaking direction. people across the country were already out in angry droves calling for justice in the wake of a brutal gang rape. then word today began to spread that the victim died in the hospital. a 23-year-old woman. six men were already held on rape charges. now they're charged with murder. >>> chuck hagel's name has been floated as president obama's potential choice for the next defense secretary. but some don't want to see the former republican senator and vietnam war vet get the position. some from his own party. this ad is in "the new york times" right here. and it says, hagel is wrong on gay rights, wrong on iran, wrong on israel. and the ad was placed by the law of cabin republicans, a group that represents gay republicans. clarke cooper is executive director. thanks for joining me, clarke. here's that ad. this ad speaks volumes. wouldn't your pa
of fox news sunday, big lineup. two high ranking senators and plus his analysis of the fiscal cliff crisis. >> juliet: no good deed goes unpunished. these guys tried to save one guy who fell through the ice and then that guy and then the next, the next. it was kind after nightmare. >> clayton: polar plunge. >> juliet: yeah. ♪ and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. have a healthier holiday at letsfightholidayfat.com. that's the sound of car insurance compani these days. here a cheap, there a cheap, everywhere a cheap... you get it. so, what if instead of just a cheap choice, you could make a smart choice? like, esurance for example. they were born online and built to save people money from the beginning. it's what they've always done. not just something they cheap about. that's insurance for the modern world. esurance. now backed by allstat
of the effects, if we do go off the fiscal cliff, if congress takes no action. this is the chart from the new york times of what will happen immediately and in the next couple months. in terms of the immediate tax increases, the payroll tax rise of 62% from four 0.2% and workers first $113,000 of income. capital gains, qualified dividend's, and estate and gift taxes are subject to higher taxes. higher earners face new taxes under the health care law. within the next couple glock -- a couple of months, the bush era tax cuts that have been debated over -- the bush-era tax cuts on income expire december 31, workers will not fill the impact until the treasury releases new withholding instructions. alternative minimum tax -- the charred talks about spending cuts, immediate and in the future. and it refers, payments to medicare providers would fall by 27% if there is no action. extended unemployment benefits expire for about 2 million people on january 1. to be the $110 billion in automatic domestic and military spending cuts known as the sequester. in the next couple months, the march 27, a six mo
sign. this road sign, now instead of road ininstructions it reads, fiscal cliff ahead. turn around, don't go over. captioned by closed captioning services inc. >>> this is "world news." tonight -- round two. the newest holiday storm to hit, stretching from missouri to maine. the accidents tonight. the snow falling where there was already a foot or more. tonight the latest trap, where it's heading. abc meteorologist ginger zee is standing by. >>> on the edge. washington taking america right up to the fiscal cliff. three days now until higher taxes for all. will there be a deal? as americans and their 401(k)s already taking a hit, paying a brice because of that standoff. >>> crash landing. the jet that skidded off the runway nearly smashing into a crowded highway. >>> and back in the game. the football coach whose battle off the field inspired a major turnaround on it. and tonight, he's about to return.
. so to avoid this utterly upness artificial fiscal cliff crisis, all they need to do is approve something small. but it's something republicans remain reluctant to do, and will only do, if they do, at the last minute, after having then str t demonstrated to tea party supporters they did everything they could. >> i wonder if we should be surprised. do you see any short term way to fix this? what is your thoughts about the chances here? >> yeah, listen, there are fewer competitive seats. many more safe seats, largely as a result of an idealogical and geographical sorting. gerrymandering contributing it to, but it's by no means the main factor. the things that we can do in the long run, but in the short term, republicans have to feel that they have to change, they have to open their party, broaden the base if they are to avoid falling into permanent minority party status. >> thomas mann, thank you so much. >>> for republicans, losing the political fight over the plik may not be the down side of the strategy, it may be the strategy itself. that's ahead when we continue right after
no signs of a deal in the senate right now on how to avert the fiscal cliff. let's bring back the senior editor of "the new republic" and author of "the escape artists, how obama's team fumbled the recovery" and ed o'keefe congressional reporter for the "washington post." thanks to both of you for coming back here. ed, do you think the deal is dead right now? >> no, by no means. as we understand it, negotiations are continuing. right now both parties in the senate are meeting behind closed doors to discuss what was going on and what they may or may not be able to agree to as you've reported throughout the hour. mitch mcconnell has reached out to vice president biden, two experienced legislative hands who have worked together on these types of deals before. if anyone at this late hour could get a deal done it would likely be these two. keep in mind, no matter what deal is crafted on in the senate, voted on tonight and tomorrow morning it still has to get passed here in the house where i'm standing right now. we were talking to tom cole a little while ago on the show. off camera he was tel
describe today's closed-door fiscal cliff meeting between the president and congressional leaders? do you believe it was a political stunt or real negotiation? la mancha gerriwillis.com, vote on the right-hand side of the scre, i will share the results of the end of the show. still ahead tonight, it's not just the fiscal clff mess that congress has left undone. there is a wholelo of other work that our lawmakers should haveone this year but did not. i will tell you all about it. and we will be rght back the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm uppingy game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? gerri: president obama calling on congress to act to avoid the fiscal cliff. the pr
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